Liffe to Unveil Eurodollar Futures,
Setting Up a Battle With CME

By

Kristina Zurla Dow Jones Newswires

Updated Jan. 26, 2004 7:05 p.m. ET

CHICAGO -- The London International Financial Futures and Options Exchange announced its own global eurodollar futures contract, to be launched March 18, putting Liffe in competition with the Chicago Mercantile Exchange's eurodollar market.

Liffe, owned by Euronext NV, said it will offer three-month eurodollar futures and options on its electronic Liffe Connect platform. They will trade from 1 a.m. to 2 p.m. CST.